YouTube tops global influence rankings as tech giants dominate media impact, with AI brands rising and Elon Musk named most influential CEO. Read more: YouTube named world’s most influential brand as tech dominance grows
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The British Business Bank has invested £8.5m in Dexory to scale its AI-powered warehouse intelligence platform and global logistics operations. Read more: British Business Bank backs Dexory with £8.5m to scale AI warehouse tech
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Large UK companies face multimillion-pound fines for late payments under new laws, with a 60-day limit and stronger powers for the Small Business Commissioner. Read more: Late-paying firms face multimillion-pound fines under new crackdown
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Innovate UK will refocus its £1.1bn budget on high-potential startups, scaling back broad support to prioritise early-stage tech firms and drive UK economic growth. Read more: Innovate UK pivots funding to back high-growth firms and future ‘industry giants’
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UK mid-sized firms could generate £105bn in additional revenue by 2030 through AI adoption, according to research by Cebr as HSBC launches a £5bn AI productivity finance initiative. Read more: AI adoption could unlock £105bn revenue boost for UK mid-sized firms by 2030
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Meta is reportedly planning sweeping layoffs that could affect up to 20% of its workforce as the tech giant ramps up AI investment and pursues greater efficiency through automation. Read more: Meta preparing major layoffs as AI spending accelerates
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Companies House has suspended its WebFiling service after a security flaw exposed sensitive company data including directors’ addresses and dates of birth. Read more: Companies House suspends online filing service after cyber vulnerability exposes director data
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The Wall Street Journal reported on Thursday that Aramco was in talks with at least two Ukrainian companies to buy interceptor drones The post Saudi Aramco says claims it is in talks with Ukrainian firms for drones are “inaccurate” appeared first on Gulf Business.
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In fiscal year 2024-25, Dalmia Bharat recorded annual revenues of $1.5bn, Shree Digvijay $79m and India Cements $444m The post Lucky numbers and collusion: How an Indian cement cartel came unstuck appeared first on Gulf Business.
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One of the world’s largest investors, the fund holds stakes in around 7,200 companies globally, owning about 1.5 per cent of all listed stocks The post Norway’s wealth fund using AI to screen for ESG risks appeared first on Gulf Business.
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